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Vernon Terrace, Bath
Price £395,000
Key features
ATTENTION INVESTORS
4 bedroom HMO
Fully licensed
Gas heating and double glazing
Let for 2019/2020 academic year
5.12% yeild
Low maintenance gardens
Great transport links
Close to local amenities
An early inspection is required
Full description

An excellent opportunity for the investor buyer to purchase this substantial and well maintained 4 bedroom, fully licensed HMO currently let for the 2019/2020 academic year. The property generates an annual income of £20,240, giving a 5.12% yield. There is certainly future scope for a higher return and the potential, subject to the normal permission to extend in to the roof. The spacious and well maintained accommodation briefly comprises: - entrance hall, communal lounge, fitted kitchen, 4 good sized bedrooms and large shower room. The property boasts gas central heating, double glazing, low maintenance gardens, excellent location for both universities and local shopping facilities nearby. An early inspection is advised.

Entrance Hall:
Entered via wooden front door. Consumer unit and meters. Coat hanging area. ½ glazed door to:

Inner Hallway:
Stairs rising to first floor landing. Radiator. Central heating thermostat. Under stairs recess, ideal for further white goods. Wooden panelled doors to: -

Communal Lounge: 4.68m (max) x 4.09m
Substantial room with double glazed bay window to front aspect. TV and cable point. Coving. Double panelled radiator.

Bedroom: 3.64m x 3.46m
Large and spacious double bedroom with double glazed window to rear aspect. Double panelled radiator. Fitted alcove cupboard.

Kitchen: 3.05m x 2.33m
Stainless steel single drainer sink unit with mixer tap over. Full range of base level and wall units. Fitted work surfaces. Inset stainless steel 4 ring gas hob with matching electric oven belie and stainless steel extractor fan above. Worcester gas combi boiler. Radiator. Tiled splashbacks and tiled flooring. Double glazed window to rear and side aspects. ½ glazed door to side aspect.

First Floor Landing:
Painted balustrade. Access to loft space, (subject to the necessary planning permission an additional bedroom/suite could be added).

Bedroom: 3.69m (plus wardrobe) x 3.63m
Double glazed window to rear aspect. Double fitted wardrobes/ cupboards with top boxes. Double panelled radiator. This room again is a good sized double.

Bedroom: 3.69m x 2.75m (plus wardrobe)
2 double glazed windows to front aspect. Range of fitted wardrobes with additional storage cupboards. Radiator.

Bedroom: 2.91m x 2.34m
Double glazed window to rear aspect. Radiator.

Shower Room:
Large walk in shower cubicle with mixer shower. Low flush WC. Wash hand basin. Radiator. Double glazed window to front aspect. Tiled splashbacks. Extractor fan. Light and shaver socket.

Front Garden:
Steps and path to front door. Low maintenance front garden.

Rear Garden:
Again, low maintenance gardens laid to shingle and patio areas. Path and gate to rear giving access. 

 

Disclaimer
Please note that these particulars do not constitute or form part of an offer or contract, nor may they be regarded as representations. All interested parties must verify their accuracy and your solicitor must verify tenure/lease information, fixtures and fittings and planning/ building regulation consents. All dimensions are approximate and quoted for guidance only. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
 

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